National Payments Corporation of India (NPCI) generates around one-third of its revenues from interchange fees, switching fees and other charges.You can read about the National Payments Corporation of India (NPCI) – An Overview of Objectives, Products in the given link.
Further readings:
- Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19
- Cashless Economy in India – UPSC GS-III Notes
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Related Links |
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SWIFT (Society for Worldwide Interbank Financial Telecommunication) |
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Cash Reserve Ratio (CRR)- Repo Rate & Reverse Repo Rate (UPSC Notes) |
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